The JSE is engaged in what its GM for issuer regulation, Andre Visser, is terming “focused conversation” with the sponsor of MTN, Deutsche Securities. It is doing so in the interests of the telecommunications operator’s shareholders, Visser said. The remarks
Author: Duncan McLeod
Telecommunications group MTN has confirmed that the Nigerian Communications Commission has imposed a fine on its Nigerian subsidiary of a massive US$5,2bn (about R71bn). The confirmation of an earlier report published by Technology Times in Nigeria
MTN’s share price was trading down by more than 5% at lunchtime on Monday after reports emerged from Nigeria that the telecommunications group is facing a fine of more 1,04 trillion naira
South African-headquartered media and Internet giant Naspers on Monday said it would sell its holdings in online retailer Netretail and price comparison site Heureka to the Czech-based investment firm Rockaway Capital for US$201m (about R2,7bn). The move
Hello Group is a company most well-to-do South Africans have probably not come across. But in the mass market, and particularly in the migrant worker community, the telecommunications and
Communications regulator Icasa has published a discussion document on “dynamic and opportunistic spectrum management”, a precursor to crafting regulations that will govern the use of television white-spaces spectrum in South Africa. TV white spaces
South African media and technology giant Naspers on Friday morning announced it is upping its stake in Russian classifieds platform Avito from 17,4% to 67,9% in a deal valued at a whopping US$1,2bn (about R16bn). In a statement, Naspers said it invested initially
An analysis of MTN’s third quarter results, published on Thursday, show the telecommunications group’s South Africa operation may finally be putting its weak performance of recent years behind it. However, it’s still struggling to grow its post-paid subscriber base
Vumatel, the telecommunications start-up challenging Telkom’s dominance of fixed-line broadband in some of Johannesburg’s upmarket suburbs, has announced it is expanding its network to five new areas
There has always been something a little special about Sony’s Xperia Z line-up. The smartphones have always exuded style, both in terms of hardware design and the work Sony has done to create an